DI KHAN: Coordinator Prime Minister Youth Loans Scheme, Marvi Memon said Thursday that PM business loan scheme would guide youth towards self-reliance and enable them to play constructive role in process of national development.

Talking to media persons here at the residence of PML-N District President Rehan Malik advocate after visiting National Bank of Pakistan office, she said this goal oriented scheme is for the youth of the whole of country and not for a specific region.

She said loans would be strictly given on merit irrespective of political affiliation. Marvi Memon said she came here on the directives of Prime Minister Muhammad Nawaz Sharif to oversee and monitor the scheme on the spot.

The main aim of this scheme is to enable unemployed youth to start their own businesses and play constructive role in process of national development besides strengthening of the economy.

She said youth of Fata and backwards areas of KP would be largely benefited from this scheme, urging tribal youth to get full advantage of it as such opportunities rarely comes and support their families on financial fronts.

Also, she expressed the hope that disabled youth would take full advantage from this scheme. She said five percent quota of the loan was allocated for disabled persons to help minimize their sufferings.

Marvi Memon said 50 percent of the total funds allocated for PM Youth Business Loan Programme would be given to women to launch their own business, adding that women of Fata and KP could also take benefit of it. She urged women of KP and Fata to take full advantage of the scheme and  play their role in economic development of the country.

Marvi Memon said youth would establish their own enterprises for their own benefit after obtaining the loans and will use it for welfare of the community.

Before general election 2013, she said Prime Minister Muhammad Nawaz Sharif has promised with youth that he would take solid measures to resolve the issue of unemployment.

She said Prime Minister Nawaz Sharif has fulfilled the promise and now it was the responsibility of the youth to use this money not only for their benefits but also in development of Pakistan.

She said condition for availing the loans has been made more easier for facilitation of youth. She said an online system has been established for resolution of peoples' grievances and complaints and all the coordinators of the scheme in Centre and Provinces have been assigned the task not only to review the complaints but also take quick actions for its resolution.

Earlier, the Zonal Chief of National Bank, Muhammad Naeem Jan informed that more than 17000 forms have been obtained from the 45 branches of NBP in DI Khan, Bannu, Lakki Marwat, Karak, Kohat, North and South Waziristan, Hangu and Kurram Agencies and the process of submission of forms are gaining monemtum in KP and Fata. Coordinator PM Loan Scheme for KP, Mian Rashid Ali Khan were also present on the occasion.

Source: APP